[WSBAPT] Estate Income Tax Filing

Brent Williams-Ruth brent at williams-ruthlaw.com
Thu Feb 20 17:32:15 PST 2025


Greetings Wise Ones -

I am seeking confirmation.....due to recent communication from a couple
clients.

Estate has one asset. A single family home with real property. That
property is valued at $500,000. Estate PR sells property for $490,000 (darn
interest rates).

Does the Estate have an obligation to file an Estate Income Tax Return
because it converted an asset into cash to distribute to named
beneficiaries?

*Brent Williams-Ruth* (pronouns: he/him)
*Attorney-At-Law*

*Law Offices of Brent Williams-Ruth, **a division of BWR Consulting, PLLC*

*Physical Address: 500 S 336th Street, Suite 214; Federal Way, WA 98003*

*Mailing Address: **PO BOX 3319; Federal Way, WA 98063 *

Office/Scheduling Phone: (253) 285-7751

For All Meetings & Scheduling: info at williams-ruthlaw.com

e-mail <Brent at Williams-RuthLaw.com> / website
<http://www.williams-ruthlaw.com/> / facebook
<http://www.facebook.com/bwrlaw> /
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